Unmanned Aerial Systems

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Business

Cisco Doubles Down on AI Networking, Anchors European Expansion with Major Renewable Energy Deal in Poland

At its recent AI Summit, Cisco Systems unveiled a multi-pronged strategy to cement its role in enterprise AI infrastructure, deepening its alliance with Nvidia and launching a new partner program. In a significant move for its European operations, the company also secured a 15-year renewable energy agreement to power its Polish data centers, directly linking its AI growth to sustainable power sourcing.

Business

Worksport Taps D.C. Powerhouse Potomac International to Drive Government, Defense Contracts for Its Solar Truck Tech

In a strategic move to secure a foothold in lucrative federal and defense markets, Worksport Ltd. has partnered with the bipartisan government relations firm Potomac International Partners. The alliance aims to position Worksport's portable solar and energy storage systems as critical infrastructure solutions for agencies ranging from the Department of Defense to disaster response teams.

Business

MiddleGround Capital Bolsters Mobility Tech Portfolio with Acquisition of Pi Innovo from Dana

Private equity firm MiddleGround Capital has acquired Pi Innovo, a specialist in open-platform electronic control systems, from automotive supplier Dana Incorporated. The move aims to merge Pi Innovo's expertise with MiddleGround's existing portfolio company, New Eagle, creating a stronger integrated player in control software for electric and specialized vehicles across multiple industries.

Business

TransDigm Doubles Down on Aerospace Aftermarket with $3.2 Billion Acquisition Spree

Aerospace component giant TransDigm Group is making a major strategic bet on the lucrative aftermarket sector, announcing a trio of acquisitions valued at approximately $3.2 billion. The deals for Stellant Systems, Jet Parts Engineering, and Victor Sierra Aviation signal a focused push to secure higher-margin, recurring revenue streams as the industry grapples with evolving maintenance and repair demands.